# 7 Powerful Tips to Help You Master Excel Formulas

Microsoft Excel is an amazing program. It can be used to track and manage all kinds of information including text, numbers, and dates – but, if you’re like most people who attend our Microsoft Excel courses, you want to become more proficient with Excel formulas.

**Related:** 7 Excel Functions That Will Make Your Life Easier

These 7 tips are a great first step toward mastering Excel formulas!

## Tip #1 – Understand the Purpose of Excel Formulas

Formulas are used to perform calculations. Excel can use any of the mathematical operators you’re familiar with. You can add, subtract, multiply, or divide numbers in a spreadsheet.

Here are the symbols Microsoft Excel uses to represent mathematical operators.

MATHEMATICAL OPERATOR | SYMBOL |
---|---|

Addition | + |

Subtraction | – |

Multiplication | * |

Division | / |

Exponents | ^ |

Equals | = |

## Tip #2 – Understand the Structure of Excel Formulas

In Excel, all formulas start with an **equals sign** (**=**). While you can enter formulas using *values* (like **=2+5** or **=4*3**), most of the time you’ll use **cell references**. Using cell references in formulas ensures that calculations are accurate even if you change the values in your spreadsheet. Let’s look at an example.

In cell A3 (above), the formula adds values from A1 and A2, giving us a total of 15. When we use cell references, we’re basically saying “add the *value* in cell A1 with the *value* in cell A2”. If we change the value in one of the cells, the formula’s result is updated.

We changed the value in cell A2 (above) to 3 and the formula results were automatically updated to display the new total: 15.

## Tip #3 – Enter Formulas Using the Keyboard

There are two ways you can enter formulas in Excel. You can type cell references in a formula or you can click on the cells using your mouse.

Let’s look at how to type an Excel formula by entering cell references using your keyboard.

- Select the cell that will contain your formula and type an
**equals sign**(**=**).

*Notice that the equals sign appears in the selected cell and the formula bar.*

- Type
**B2+B3**.

- Press
**ENTER**, to complete the formula.

## Tip #4 – Enter Formulas Using Point and Click

Instead of typing an entire formula, you can enter cell addresses by selecting specific cells using your mouse. This method is often called the ‘point and click’ technique. Here are the steps:

- Select the cell that will contain your formula and type an
**equals sign**(**=**).

- Using your mouse, select cell
**B3**.

- Type
**+**then select**C3**.

- Press
**ENTER**.

It doesn’t matter whether you type cell references within your formulas or you click on the cells using your mouse. It really comes down to personal preference. I find that clicking on the cells results in fewer mistakes.

## Tip #5 – Copy Formulas Using the Fill Handle

We can use Excel’s fill handle to copy the formula down to the remaining cells in column D.

- Click to select cell
**D3**then carefully position your pointer above the fill handle in the cell’s lower right corner.

*Your mouse pointer should turn into a small, black ‘+’ sign.*

- Drag the fill handle down to cell
**D6**.

*Formulas are entered for all cells in the range.*

## Tip #6 – Know How to Edit Formulas

If you make a mistake, you don’t have to re-enter your formula. You can edit Excel formulas in the formula bar or directly in a cell.

In this example, the formula adds B2 and C3 – an obvious mistake.

Let’s look at both ways to edit this formula.

### Editing in the Formula Bar

If you click in the formula bar after the C3 cell reference, Excel highlights the cells included in the calculation. Press **BACKSPACE** twice to delete the C3 cell reference, type **B3**, and press **ENTER**.

### Editing Directly in a Cell

To edit a formula directly in this cell, double-click cell **B4** (or press **F2**). **BACKSPACE** over the C3 cell reference, click cell **B3**, and press **ENTER**.

## Tip #7 – Apply What You’ve Learned!

All of this knowledge is useless, unless you apply what you’ve learned right away. Incorporate these skills into your day to day work as soon as possible and let us know how you’re doing.

Do you prefer to type cell references in your formulas or click on the actual cells? Do you edit formulas in the formula bar or make changes directly in the cell? Answer in the comments below!